On this episode of the Alliance Activity podcast, Andy Albright talks about resource allocation and why it is so important.
The quality of your life is determined by the quality of your questions. How do I decide what is important? How do I spend my time? What do I need to be doing with my time? How do I distribute my resources?
What is a win for you? Can you define it? What do you want?
If you don’t have a clue then you are spending. If you have a plan then you are investing. Defining what a win looks like impacts your daily activities. It directs what you do.
What do you do with your time? We all get 24 hours a day. Do you spend it with family? Do you watch TV, drink beer or wine, etc.?
Watch your words. Instead of spending time or using time, call it investing time. The best leaders invest in people. Some people want to use people to make money. Let’s make sure we are investing in people to get the desired results we want.
As leaders we have to answer the question: How do we distribute our resources among competing situations?
Agents, leads, travel, Show The Plan, width depth, association, etc. All these things take energy and time.
We want to invest available resources in the present to accomplish your goals and objectives in the future.
Margaret Roush said, “Resource allocation involves balancing competing needs and priorities and determining the most effective course of action in order to maximize the effective use of limited resources and gain the best return on investment.
We have tools to build with investing your resources the right way
Resource allocation vs. asset allocation.
Time, money, energy, staff, leads are all ways to invest.
Are you taking people on ride alongs appointments? Allocate to direct or distribute.
You have choices. They can be easily defined. You want one? You want to win? You want the most? What is your best? What does it look like?
How does it compare to worst vs. how does it compare to best?
Most tasks vs. invest to get the desired results.
Spend = Trade
Vs.
Invest = Devote and expect greater
Budgeting vs. Investing
What is available to you?
Dream big. Make it happen.
@AndySAlbright
@NationalAgentsAlliance
@NAALeadsTheWay
#TheAlliance #DoTheDo
#PremiumPointsParis
#212BoilingPoint